Government of Bihar, on 2nd October 2016 Launched, Bihar Student Credit Card Scheme to provide financial assistance to those students who are willing to pursue higher education. Under this scheme, the state government provides education loan of upto Rs. 4 Lakh to 10+2 passout students at 0% interest rate.

Documents required for Bihar Student Credit Card Scheme

Following are the documents required to apply for Bihar Students Credit Card Scheme.

Loan Approval Process for Bihar Student Credit Card Scheme

After successfully submitting all the documents the government officials will examine the submitted documents. The verification process takes maximum 15 Days after receiving documents from the student. After the verification, the details are shared with the banks which then approve or disapprove the loan.

The reason of approval or disapproval of loan is shared by bank through SMS on registered mobile number shared during form submission.

When the loan is approved, the applicant required to visit the bank branch to complete the formalities.

Steps to Apply for Bihar Students Credit Card Scheme

The students who are eligible for this scheme can apply through online portal. Following are the steps to apply online for this scheme.

Bihar Student Credit Card Scheme details can also be downloaded from the link below.

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